Tag Archives: bp

Debunking Propaganda from the Big Carbon Taxers & Exposing the Big Oil Welfare Cheats

Scott Horton debunks the propaganda being spewed from the neo-conservatives who operate the most expensive welfare operation ever devised by man, financed through the highest carbon taxes anywhere in the world. Two trillion dollars per year alone in the US is collected in tax revenue, half of it goes directly to the military to secure oil reserves around the world, including next those of Iran:

And as if redistributing wealth from the taxpayer to their private carbon profits weren’t enough, BP, Halliburton and Transocean have been caught setting up yet another of their sleazy fake think tank / front groups, this time duping celebrities and housewives into agitating on their behalf to get the government to fork over more taxpayer money to clean up their oil spill.

And speaking of think tanks and front groups set up to scam the taxpayer, the Cato Institute’s Pat Michaels admits (at @7 minute mark) that 40% of the funding for his climate change denying comes from the very same hardcore welfare queens of the petroleum industry; the same petroleum industry, like Exxon, that imposes massive carbon taxes on all citizens unable to opt out of these taxes:

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You mean the White House lied to protect a corporation?!? Three quarters of oil still in Gulf of Mexico

Stacy Summary:  It seems the penalties for lying to Congress is still enough to force people to tell the truth.

**UPDATE / REMINDER**

TITLE 18 > PART I > CHAPTER 47 > § 1001
§ 1001. Statements or entries generally
(a) Except as otherwise provided in this section, whoever, in any matter within the jurisdiction of the executive, legislative, or judicial branch of the Government of the United States, knowingly and willfully—
(1) falsifies, conceals, or covers up by any trick, scheme, or device a material fact;
(2) makes any materially false, fictitious, or fraudulent statement or representation; or
(3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry;
shall be fined under this title, imprisoned not more than 5 years or, if the offense involves international or domestic terrorism (as defined in section 2331), imprisoned not more than 8 years, or both. If the matter relates to an offense under chapter 109A, 109B, 110, or 117, or section 1591, then the term of imprisonment imposed under this section shall be not more than 8 years.

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Matt Simmons Either Drowned at His Home, Or Died of a Heart Attack

Stacy Summary: Conflicting reports on the death of Matt Simmons late last night at the age of 67. He either drowned at home; or died of heart attack. Or it was probably both. He was quite prominent during the BP oil spill; and I did see some on the Oil Drum suggest that because he wasn’t making his normal sense, he might be ill.

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African land, a Malaysian gold dinar and a seeping seabed

Stacy Summary:   So Africa is often associated with many starving to death, and yet between the Chinese, the Arabs and now George Soros and other hedge fund managers, swathes of the continent’s food production capacity and agricultural lands are apparently being bought up – some for national supply issues, some for pure speculation. Thoughts? Wonder if Bono’s private equity fund is investing? Will Geldof be there asking us to feed Soros should the speculation lead to ruin?

Is the Malaysian gold dinar real or just an announcement?

And some video of seepage from seabed near Macondo:

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Box office futures, strategic defaulters and oil spills [UPDATED]

Stacy Summary:   Well the box office futures ban remains in the final bill.  The Fannie Mae story is rather frightening in that the company, along with Freddie Mac, are currently underwriting more than 75% of mortgages in the US.  So that they are turning so heavy handed and intrusive doesn’t bode well for the increasingly Fascist States of America.   And in light of that, here is the most shocking quote of the three stories below, regarding the Gulf of Mexico oil spill; of her 17 month old daughter and three year old son swimming in the oil soaked ocean, a mother had this response – - –  “And when her children emerged from the surf with light brown tar specks on their feet, she stayed cool: “Honestly, it wasn’t anything a baby wipe couldn’t get rid of. If it was really dangerous, I’m sure they would have posted a health advisory.

Re: the millions of gallons of oil spilled in the Gulf, here is the six of hearts from a deck of playing cards issued by the US Army:

From MaxKeiser.com Images

***UPDATE***

Highlights:

  • Children should be directly supervised and should not be allowed to play in or around areas where the water or beach contains oil or sludge.
  • Children, and whenever possible teens, should not be involved in clean-up efforts but should only return after the area is cleaned up. Children should be the last group to return to areas impacted by oil or other toxic substances.
  • Children should not be involved in swimming, boating, or clean-up activities in areas impacted by the oil spill.
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Exxon Distances Itself From BP’s ‘Dramatic Departure’ in the Gulf

Stacy Summary:   Exxon distances itself from BP’s ‘dramatic departure’ from industry norms.  A split in the big oil ranks?  It’s unlike anything I’ve seen in the banking sector where they are all, so far, sticking together to the same story.  What do you think of this story?  And anyone have good links to information on BP’s role in the Exxon Valdez?  **UPDATE** – Fitch downgrades BP to two grades above ‘junk’

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ALERT – BP buys search term “oil spill” from Google!

Stacy Summary:    They might not be able to control the oil spill, but they are going to control the digital stream . . .

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Tony Hayward Sold One Third of His BP Shares Just Weeks Before ‘Spill’

Stacy Summary:  I wonder if he advised Goldman Sachs to dump their shares, too.  Tony Hayward dumped 30% of his BP holdings weeks before blow out.

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Gulf Coast Conservatives Seek Government Solution

Stacy Summary:  Too bad the US government is the same Big Business that caused the disaster and that, even with their high tech equipment (golf balls, tires and saws) is unable to fix the problem they created.

In coastal Mississippi, Republican state Rep. Steven Palazzo has been critical of the federal government, including what he sees as an intrusive role in a health care overhaul that he – like many conservatives – calls “Obamacare.”

As he runs for Congress in a district that relies on shipbuilding, tourism and the seafood industry, Palazzo says Washington should do all it can to protect the Gulf of Mexico. He said his stance does not contradict his advocacy of limited government.

“This is not only an economic nightmare but it’s an ecological one as well,” Palazzo said. “We cannot spare any resource.”

From MaxKeiser.com Images
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Jail Time for Tony? And, Who Stole My Virtual Sofa!?

Stacy Summary: Alas, not the JP Morgan “consultant,” Tony Blair . . . but Tony Hayward, he of BP infamy.

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